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Tariff pass-through and the distributional effects of trade liberalization

机译:关税转移与贸易自由化的分配效应

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This paper estimates the distribution of welfare gains due to the trade reforms in India by simultaneously considering the effect on prices of tradable goods and wages. The cost of consumption for each household is affected by the domestic price changes, while wage incomes adjust to these price changes in equilibrium. Three rounds of the Indian Employment and Consumption Surveys are used for the analysis. The price transmission mechanisms are estimated for both rural and urban areas to understand theextent to which the trade reforms are able to affect the domestic prices. In order to assess the distributional effects, a series of nonparametric local linear regressions are estimated. The findings show that households at all per capita expenditure levels had experienced gains as a result of the trade liberalization, while the average effect was generally pro-poor and varied significantly across the per capita expenditure spectrum.
机译:本文通过同时考虑对可贸易商品价格和工资的影响,估计了印度贸易改革带来的福利收益分配。每个家庭的消费成本受国内价格变化的影响,而工资收入则在均衡时根据这些价格变化进行调整。分析使用了三轮印度就业和消费调查。估计了农村和城市地区的价格传导机制,以了解贸易改革能够影响国内价格的程度。为了评估分布效应,估计了一系列非参数局部线性回归。调查结果表明,由于贸易自由化,所有人均支出水平的家庭都获得了收益,而平均影响通常是穷人,并且在人均支出范围内差异很大。

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